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This guy puts his money where his mouth is! Can learn a few things from you. Facts no opinions posted on this post good luck man seriously hope you make millions
doesn't sound like the farm bill? Energy and water
10 months of continuous trading and gains during and after legalization
Message from Bruce, they will go to court in about 10 months and he’s expected to win. If not, he will get a settlement charge or fine
Somebody provide that guy with the whistleblower link for the SEC, you might get paid hefty by them. The SEC will gladly appreciate any information you have. It would be more effective than making claims on a poster board...
Probably got fired for not doing their job, and now is complaining and trying to make the company look bad rather than themselves
good idea
After hours so probably pop Tuesday
I'm actually really liking this, NO GAP. Slow and steady like it has been moving. No pump, no dump.
Crooked as can be. Amazing and yet some want to claim Bruce as the con here
Crazy, Sessions net worth around $7.5M and makes around $155,000 - over $1M a year by selling “timber” from his lands.... Wow now you can really tell what industry really doesn’t want hemp or mj around
Open at .05 ?!?
I hate gappers, but boy watch out tomorrow imo
It is over 213 YES 211 NO
213 YES 211 NO !!!
FARM BILL RECONSIDERATION
211-211?!!?
204-197NO
189 YES 190 NO SO FAR
THEY ARE VOTING ON FARM BILL NOW!!
Thanks man! What time you thinking if so?
A link to the live meeting would be nice, if anyone can find. Thank you in advance
$HEMP
Don’t stop American farmers from prospering over food stamp bs
All eyes on HEMP stock Friday!!
low red day today, tomorrow and going forward we go green IMO
ya know, I thought property value in CO went up.... Hmm coincidence?
Dear Mr. XXX,
Thank you for taking the time to contact me regarding S. 2667, the Hemp Farming Act of 2018, and an amendment I considered offering.
Although I did not offer an amendment to this bill, I still have concerns regarding S. 2667, which I shared at the Senate Committee on Agriculture, Nutrition, and Forestry’s Executive Business Meeting regarding the Farm Bill on June 13, 2018.
I objected to this bill being added to the Farm Bill for many reasons. Procedurally, this bill bypassed referral to the Senate Judiciary Committee under Rule XIV and was placed on the Legislative Calendar. It was then taken up by the Senate Committee on Agriculture, Nutrition, and Forestry – and although I objected to this on procedural grounds, it was evidently ignored. This bill is squarely within the Judiciary Committee’s jurisdiction because hemp is a controlled substance subject to the provisions of Title 21, the Controlled Substances Act. The Judiciary Committee, of which I am Chairman, addresses all issues that fall within the Controlled Substances Act. For example, the Judiciary Committee successfully voted on and approved multiple opioid-related bills, which fall within the exact same area of law as the Hemp Farming Act.
On substantive grounds, I disagree with how hemp is defined under S. 2667. If the purpose is to legalize it for industrial uses, then the bill should do that. However, it does not. This bill opens up legalized hemp to include “derivatives, extracts, and cannabinoids” of the plant. The derivatives aren’t used for industrial purposes, and instead are used to make things like CBD, or cannabidiol, oils. CBD is a chemical in the plant that can be extracted and is used to treat everything from anxiety to epilepsy.
Using CBD to treat epilepsy, anxiety, and other ailments is something I care about. Along with Senator Feinstein, I introduced S. 1276, the Cannabidiol Research Expansion Act, which provides a narrow, regulated pathway for medical research into the beneficial effects of CBD, and for a process to make responsible products that would be regulated by the U.S. Food and Drug Administration. The goal of this legislation is to ensure research on CBD and other potentially beneficial marijuana-derived substances is based on sound science while simultaneously reducing the regulatory barriers associated with conducting research on marijuana. In part, this legislation will allow research on CBD to be conducted using a Schedule II registration, rather than the more stringent Schedule I registration. Further, the bill allows for the possession of non-psychoactive components of marijuana for the treatment of epilepsy, so long as a neurologist attests that the benefits of the substance reasonably outweigh the potential risks.
In contrast, the Hemp Farming Act of 2018 would allow any snake oil salesman to market and sell any CBD product as a dietary supplement, or anything else, without any regulatory control whatsoever. That leaves consumers without assurances about the safety or quality of the product they are buying, putting them all at risk. This is dangerous because there are Iowans who have epileptic children who are desperate for answers, and these folks will turn to anything to help their children, even if it means taking inordinate risks by buying products that are untested, unproven, and potentially harmful. I care about these issues, and want safe, responsible access to CBD. That is why I take issue with the way hemp is defined in S.2667.
Despite my objections to S. 2667, I look forward to working with the Majority Leader and my other Senate colleagues this Congress to develop effective solutions regarding hemp.
Again, I appreciate hearing your thoughts on this issue, and I encourage you to keep in touch.
Sincerely,
Chuck Grassley
COMMITTEE ASSIGNMENTS
CHAIRMAN,
JUDICIARY FINANCE
AGRICULTURE
BUDGET CO-CHAIRMAN,
INTERNATIONAL NARCOTICS
CONTROL CAUCUS
IOWA OFFICE LOCATIONS
CEDAR RAPIDS
COUNCIL BLUFFS
DAVENPORT
DES MOINES
SIOUX CITY
WATERLOO
I got a letter back from Senator Grassley -IA
Yup actually, wasn’t Bruce the founder of MJNA??? Hmm... if it wasn’t for Bruce there may not have been any publicly traded MJ company. Props to our man
My friend, I have been here over 5 years even during the run, rs, SEC case, stop signs, etc.
I got a message from Bruce over the weekend regarding the case and the answers given were pretty reassuring. I do my own DD but thanks man
Innocent until proven guilty
It’s okay I don’t mind little better opportunity for others
I wasn’t expecting any green close I called a dump today
Well then that could mean13 years of continuous trading no halt
uhh then move on to contribute your time and effort into your other companies.. don't waste anymore of your time and our time
Stock is NOT HALTED. CEO Fined. Stock moving on.
Yup. Here is another example the same stock I was talking about this is as recent as May 22, 2018
https://www.sec.gov/litigation/litreleases/2018/lr24148.htm
SEC Charges Marijuana Company and its CEO With Fraud
Litigation Release No. 24148 / May 22, 2018
Securities and Exchange Commission v. Bud Genius, Inc. and Aaron "Angel" Stanz, Civil Action No. 18-cv-01005 (S.D. Cal.) (filed May 21, 2018)
Securities and Exchange Commission v. Taylor Moffitt, Carlos Febles, and U.S. CoProducts, LLC, Civil Action No. 18-cv-03034 (N.D. Iowa) (filed May 22, 2018)
On May 21, 2018, the Securities and Exchange Commission charged Bud Genius Inc. and its CEO with defrauding investors by making exaggerated and misleading claims about the medical marijuana company's business operations and financial condition.
The SEC's complaint, filed in federal district court in the Southern District of California, alleges that Bud Genius and Aaron "Angel" Stanz issued false and misleading press releases about a purported licensing agreement with comedian Tommy Chong. In one press release, Stanz allegedly described Chong as a "partner," and in a subsequent blog post, he described the purported licensing agreement as a "crowning achievement." The agreement never materialized, and the defendants allegedly knew at the time that, in light of Bud Genius's weak financial position, it was extremely unlikely that an agreement would ever be reached. The defendants' false and misleading claims about the purported agreement were picked up by multiple media outlets. The defendants also are alleged to have published fraudulent financial statements and to have facilitated an unregistered offering of Bud Genius securities.
The unregistered offering is the subject of a separate action filed by the SEC in the Northern District of Iowa against Taylor Moffitt, Carlos Febles, and U.S. CoProducts LLC. The SEC alleges that the defendants acquired, offered, and sold billions of shares of unregistered Bud Genius stock for a total profit of more than $540,000, approximately $140,000 of which was paid to Bud Genius and Stanz.
Without admitting or denying the Commission's allegations, Stanz agreed to a judgment enjoining him from violating Sections 5(a), 5(c), 17(a)(1) and 17(a)(3) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, imposing five-year officer-director and penny stock bars, and ordering disgorgement and prejudgment interest of $158,829. Without admitting or denying the Commission's allegations, Bud Genius agreed to a judgment enjoining it from violating Sections 5(a), 5(c), 17(a)(1) and 17(a)(3) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder. The settlements are subject to court approval.
Without admitting or denying the Commission's allegations, Moffitt, Febles, and U.S. CoProducts agreed to a judgment enjoining them from violating Sections 5(a) and 5(c) of the Securities Act and all three will be jointly and severally liable for $435,595 in disgorgement and prejudgment interest. In addition, Moffitt and Febles agreed to penny stock bars of three years and one year respectively, and to pay civil penalties of $35,000 and $20,000 respectively. These settlements also are subject to court approval.
The SEC's investigation was conducted by Timothy Stockwell and supervised by C.J. Kerstetter.
Oh yeah, the company got charged Fraud investment because they lied to investors about certain things that never materialized. HEMP is not lying that they have the biggest hemp facility in the US so I don't see how they are tricking investors
For 2 full years bud. Obviously not a strong case if it takes that long to close on it.
So I was part of stock where the SEC charged its CEO with investment Fraud with the ticker RIG*H. I have been in that stock for 5 years and got out after finding out about the charge. The charge was filed on March 23, 2018 and is closed with a solution of fining the CEO. Stock was never halted and still able to trade. It's not the stock they are after, its the person who is committing the crime. If anything, Bruce get a fine, and trading resumes as normal. He may not be CEO anymore perhaps and can't trade anymore, but HEMP goes on.
Just added more $HEMP @ .0390!